Crash from the past
Black Monday in rear view mirror
NEW YORK — "We who are about to die salute you.”
A wary Art Cashin heard this phrase in its original Latin — morituri te salutamus — from a fellow trader and student of the classics early on a day 20 years ago that would earn the ignoble title Black Monday and serve as a lesson about the fragility of rising stock markets.
Cashin and his colleagues recall Wall Street 's plunge of Oct. 19, 1987, when th...
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